planning of having a POS stand but I'm confused about the company to start with.
Please anyone with the knowledge of charges by POS companies should put me through.

Galloman:
planning of having a POS stand but I'm confused about the company to start with.
Please anyone with the knowledge of charges by POS companies should put me through.

Opay

southniyikaye:
Opay

Ok thanks

MONIEPOINT

Opay bro

Moniepoint best terminal

From 20k to 1000000 is #90

More inputs are welcome as I also have intention of going into the business

Fakbrown:
From 20k to 1000000 is #90

Which one is that bro

Fakbrown:
Moniepoint best terminal

Pls shed more light about their charges

Galloman:
planning of having a POS stand but I'm confused about the company to start with.
Please anyone with the knowledge of charges by POS companies should put me through.

moniepoint and payvice charge the lowest. Moniepoint has an edge with their 100% deposit and 10% withdrawal cash back promo. They both charge 0.5% on withdrawal till #20k and #20 flat for deposit.

I'm interested in this topic. My guy told me to go for opay as they charge lowest.
I'm still comparing both money point and opay

I run five different Platforms (coy)

Believe me bro OPAY and Palmpay

Anyday anytime ,twice on monday

OPAY charge 0.6 then u get instant commission of btw 25% to 35%. the fee charged capped at 100

Deposit ranges between 10-30

Then 25% to 35% commission

Palmpay on the other hand charges 0.5% for withdrawal cap at maximum of 100

Deposit is 10 naira flat

I recommend Opay and money point, Opay is best cus of their network is strong and reliable.

ikbnice:
moniepoint and payvice charge the lowest. Moniepoint has an edge with their 100% deposit and 10% withdrawal cash back promo. They both charge 0.5% on withdrawal till #20k and #20 flat for deposit.

Thanks bro

Habeyy:
I run five different Platforms (coy)

Believe me bro OPAY and Palmpay

Anyday anytime ,twice on monday

OPAY charge 0.6 then u get instant commission of btw 25% to 35%. the fee charged capped at 100

Deposit ranges between 10-30

Then 25% to 35% commission

Palmpay on the other hand charges 0.5% for withdrawal cap at maximum of 100

Deposit is 10 naira flat

Please throw more light on palmpay, give an instance please

Collins4u1:




Please throw more light on palmpay, give an instance please

Palm pay is owned by transnet

The parent company of Tecno,infinix ,itel ,boomplay and vskit


Attached here is the picture of their POS with me

Let me know what exactly you need to know

Habeyy:


Palm pay is owned by transnet

The parent company of Tecno,infinix ,itel ,boomplay and vskit


Attached here is the picture of their POS with me

Let me know what exactly you need to know

I didn't quite understand how their commission is calculated.

I need an instance, like when a customer withdraws 5000 and you charge him 100 naira.

How much commission are you paid?

Habeyy:


Palm pay is owned by transnet

The parent company of Tecno,infinix ,itel ,boomplay and vskit


Attached here is the picture of their POS with me

Let me know what exactly you need to know

Also I wanna know the cost of acquiring the POS device.

Collins4u1:




I didn't quite understand how their commission is calculated.

I need an instance, like when a customer withdraws 5000 and you charge him 100 naira.

How much commission are you paid?

Pls DM me

Habeyy:


Pls DM me

Opay and Palmpay POS services, are these different from the ones the bank issue?

Currently the office is using a machine from Sterling. I guess it has Etisalat sim in it. Connectivity is so poor.
Payment into account is 24hrs

The only charge less 2000 for a 2 million transaction

good evening guys
What are the terms and conditions to get a POS from Opay?
Does the fee paid get you full ownership of the machine or it's a sort of lease?

ikbnice:
moniepoint and payvice charge the lowest. Moniepoint has an edge with their 100% deposit and 10% withdrawal cash back promo. They both charge 0.5% on withdrawal till #20k and #20 flat for deposit.

Hi brother.
You still use Payvice?
How's their network like

PayCentre pos

Which one is DM me again? Please say it here so we can all learn, Naso una go dey hurd knowledge… mtcheeeew

Habeyy:


Pls DM me

Ukalejohn:
Which one is DM me again? Please say it here so we can all learn, Naso una go dey hurd knowledge… mtcheeeew

no vex bro..


Palmpay I recommend

*Moniestar' Ranking and pricing*

*Mega Star* (those whose transaction volume exceed 500k daily)
Pricing - 0.40%, N80 cap for withdrawals.
Breakdown��
1k - N4
2k - N8
3k - N12
4k - N16
5k - N20
6k - N24
7k - N28
8k - N32
9k - N36
10k - N40
11k - N44
12k - N48
13k - N52
14k - N56
15k -N60
16k - N64
17k - N68
18k - N72
19k - N76
20k - N80

Deposit - N15 for any amount
°°°°°°°°°°°°°°°°°°

*Super Star* (those whose transaction volume exceed 350k daily)
Pricing - 0.42%, cap N84 for withdrawals.

Breakdown��
1k - N4.2
2k - N8.4
3k - N12.6
4k - N16.8
5k - N21
6k - N25.5
7k - N29.4
8k - N33.6
9k - N37.8
10k - N42
11k - N46.2
12k - N50.4
13k - N54.6
14k - N58.8
15k -N63
16k - N67.2
17k - N71.4
18k - N75.6
19k - N79.8
20k - N84

Deposit - N18 for any amount
°°°°°°°°°°°°°°°°°°

*Shooting Star* (those whose transaction volume exceed 120k daily)
Pricing - 0.45%, cap N90 for withdrawals.

Breakdown��
1k - N4.5
2k - N9
3k - N13.5
4k - N18
5k - N22
6k - N27
7k - N31
8k - N36
9k - N40
10k - N45
11k - N49.5
12k - N54
13k - N58
14k - N63
15k -N67
16k - N72
17k - N76
18k - N81
19k - N85.5
20k - N90

Deposit - N18 for any amount

*Rising Star* (those whose transaction volume exceed 40k daily)
Pricing - 0.5%, cap 100
1k = 5 naira

2k = 10 naira

3k = 15 naira

4k = 20 naira

5k = 25 naira

6k = 30 naira

7k = 35 naira

8k = 40 naira

9k = 45 naira

10k = 50 naira

11k = 55 naira

12k = 60 naira

13k = 65 naira

14k = 70 naira

15k = 75 naira

16k = 80 naira

17k = 85 naira

18k = 90 naira

19k = 95 naira

20k = 100 naira

20k to infinity = 100 naira.


Deposit is N20 for any amount

YourPOSExpert:
*Moniestar' Ranking and pricing*

*Mega Star* (those whose transaction volume exceed 500k daily)
Pricing - 0.40%, N80 cap for withdrawals.
Breakdown��
1k - N4
2k - N8
3k - N12
4k - N16
5k - N20
6k - N24
7k - N28
8k - N32
9k - N36
10k - N40
11k - N44
12k - N48
13k - N52
14k - N56
15k -N60
16k - N64
17k - N68
18k - N72
19k - N76
20k - N80

Deposit - N15 for any amount
°°°°°°°°°°°°°°°°°°

*Super Star* (those whose transaction volume exceed 350k daily)
Pricing - 0.42%, cap N84 for withdrawals.

Breakdown��
1k - N4.2
2k - N8.4
3k - N12.6
4k - N16.8
5k - N21
6k - N25.5
7k - N29.4
8k - N33.6
9k - N37.8
10k - N42
11k - N46.2
12k - N50.4
13k - N54.6
14k - N58.8
15k -N63
16k - N67.2
17k - N71.4
18k - N75.6
19k - N79.8
20k - N84

Deposit - N18 for any amount
°°°°°°°°°°°°°°°°°°

*Shooting Star* (those whose transaction volume exceed 120k daily)
Pricing - 0.45%, cap N90 for withdrawals.

Breakdown��
1k - N4.5
2k - N9
3k - N13.5
4k - N18
5k - N22
6k - N27
7k - N31
8k - N36
9k - N40
10k - N45
11k - N49.5
12k - N54
13k - N58
14k - N63
15k -N67
16k - N72
17k - N76
18k - N81
19k - N85.5
20k - N90

Deposit - N18 for any amount

*Rising Star* (those whose transaction volume exceed 40k daily)
Pricing - 0.5%, cap 100
1k = 5 naira

2k = 10 naira

3k = 15 naira

4k = 20 naira

5k = 25 naira

6k = 30 naira

7k = 35 naira

8k = 40 naira

9k = 45 naira

10k = 50 naira

11k = 55 naira

12k = 60 naira

13k = 65 naira

14k = 70 naira

15k = 75 naira

16k = 80 naira

17k = 85 naira

18k = 90 naira

19k = 95 naira

20k = 100 naira

20k to infinity = 100 naira.


Deposit is N20 for any amount

This is the charges for Moniepoint